Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs

Small and medium businesses, long overlooked in the building of innovative technology, have lately become a key focus in the world of B2B software. Now, a startup called Factorial — one of the bigger players in the area of building HR technology for SMBs — is announcing a big fundraise at a “unicorn” valuation that underscores that trend.
The Barcelona startup has raised $120 million, a Series C that is not only one of the biggest for Spain, but one of the biggest currently coming out of Europe. Led by Atomico, the round also included GIC as well as past investors Tiger

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